$19,500 per month
175 SE 25th Road, #502, Miami, FL, 33129
3 beds
3 Full / 1 Half baths
Purchase Price$3,900,000This provides an opportunity to secure pricing below current listings while the building is just entering its first resale cycle.Lease Structure:12-month lease$19,500 per monthPurchase Option:Option deposit: $145,500 - equivalent to 3% and credited toward purchase but non-refundable.Rent credit: 40% of rent paid during the lease period applied toward the purchase price = $93,600 ( $19,500 x 12 x .40)9 months into the lease the purchase option should be confirmed.Over a full year, this structure results in approximately $239,000 credited toward the purchase, bringing the effective purchase price to roughly $3,661M if the option is exercised. The buyer may exercise the option to buy once the 12-month holding period is satisfied. This arrangement is particularly useful for someone who would like to secure a position in the building now, and complete the acquisition once the timing aligns.
Status:
Active
Furnished Remarks:
Unfurnished
Laundry Remarks:
Washer Hookup, Dryer Hookup
Garage:
1-car
Parking:
Valet
Construction
Block
Utilities
Cable Available
View Description:
Bay, Direct Ocean, Ocean
Adult Communities:
Yes
Amenities:
Elevator(s), Fitness Center, Manager On Site, Beach Club Available, Hobby Room
Waterfront:
Yes
Elementary School:
Coral Way K-8
High School:
Miami
Days on Market:
80
Pet Policy:
Yes
Appliances:
Electric Water Heater, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Pool:
Heated, In Ground
MLS #:
A11994401
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Paz Realty, LLC 305-903-3655